Memphis Medical Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 309,033 | 343,008 | −33,975 | 18.4 | 40% |
| 2012 | 351,824 | 354,463 | −2,639 | 17.8 | 40% |
| 2013 | 363,917 | 347,273 | 16,644 | 18.0 | 42% |
| 2014 | 349,340 | 361,969 | −12,629 | 17.2 | 40% |
| 2015 | 358,234 | 361,405 | −3,171 | 17.0 | 44% |
| 2016 | 374,908 | 371,622 | 3,286 | 16.4 | 45% |
| 2017 | 377,995 | 373,803 | 4,192 | 16.8 | 47% |
| 2018 | 364,509 | 348,440 | 16,069 | 18.8 | 42% |
| 2019 | 359,866 | 345,229 | 14,637 | 19.5 | 48% |
| 2020 | 323,739 | 381,799 | −58,060 | 15.9 | 49% |
| 2021 | 350,334 | 222,639 | 127,695 | 35.8 | 153% |
| 2022 | 615,411 | 284,456 | 330,955 | 40.8 | 143% |
| 2023 | 487,967 | 291,200 | 196,767 | 47.1 | 187% |
In its most recent public year (2023), this organization brought in $196,767 more than it spent. Its reserves stood at about 47.1 months of spending, up from 18.4 in 2011. Staff pay was 187% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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